ReportsWeb Global Connected Vending Machine Market 2020 | Page 2
Global Connected Vending Machine Market 2016-2020
About the Connected Vending Machine Market
The vending machine industry has started to evolve from traditional machines to intelligent, or connected,
machines. The industry has gone beyond just delivering snacks and is developing new and sophisticated retail
solutions. Connected vending machines, unlike traditional machines, are engaging shoppers like never before with
touchscreen controls, audio, video, scents, gesture-based interaction, and cashless payment. These connected
vending machines are used in company facilities, universities, retail stores, and hospitals. Connected vending
machines sell a variety of goods such as computer accessories, gold bars, tickets, foods and beverages, and office
supplies. The advances taking place in these machines are enabling operators to analyze time- and location-based
data pertaining to sales, inventory, and customer preferences.
Publisher's analysts forecast the global connected vending machine market to grow at a CAGR of 23.25% during
the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global connected vending machine market
for the period 2016-2020. To calculate the market size, the report takes into account the installed base of connected
vending machines worldwide for government and private enterprises. It considers those vending machines that
dispense candies or snacks or confections, office coffee services (OCS), ice cream, vended food, beverages, manual
food services, tobacco, and others.
View Complete Report @ http://www.reportsweb.com/global-connected-vending-machine-market-
2016-2020
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